Terms and Conditions

This is an Easy jewellery buying Saving Plan.

Under this Saving Plan, you need to pay 1000/- every month for 11 months. The minimum instalment value is Rs. 1000/- and it can be increased to any amount as long as it is in multiples of Rs. 1000/-.

12th month free instalment offered by Naidu Jewellers is applicable if instalments are paid for 11 months.

Example: 11×5,000 = 55,000+5,000 ( Amount: 60,000 Rs.) Jewellery can be purchased by paying the price of the jewellery.

1. Ornaments will be given at current market price which ever is privileging on the maturity date of the Saving Plan.
2. The member shall deposit the monthly Saving Plan amount and he should obtain counter signature on the card.
3. The member must submit the card at the time of receiving ornaments.
4. If the member losses his card he should inform us immediately & duplicate card will be issued
5. Customer can only pay up to one instalment in a calendar month.
6. Customer can purchase jewellery in the 12th month only after having paid regular instalments during the preceding 11 months
7. If the customer for any reason fails to pay the instalment for a month, they shall not be allowed to pay both the instalments together in the following month.
8. If due to any reason the customer decides to stop paying the instalments, they can purchase jewellery only after the completion of the calendar month in which they have defaulted
9. Additional cost on stones and GST shall be applicable.
10. When the customer purchases jewellery in excess of accumulated amount under the plan the wastage (VA) will be borne by the customer on the excess of weight/amount.